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Allahabad Bank allots equity shares to GoI

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Capital Market

On 25 March 2015

Allahabad Bank announced that the Bank on 25 March 2015 has issued and allotted 2,67,69,282 (Two crore sixty seven lac sixty nine thousand two hundred and eighty two) equity shares of face value of Rs. 10.00 (Rupees ten only) at an Issue Price of Rs. 119.54 (Rupees one hundred nineteen and paise fifty four only) per equity share including a premium of Rs. 109.54 (Rupees one hundred nine and paise fifty four only) per equity share to Government of India (President of India) on preferential basis.

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First Published: Mar 26 2015 | 9:30 AM IST

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